Latest Asia Business News
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Delta's Northwest pleading guilty to price fixing
REUTERS - 8 hrs 54 mins ago
WASHINGTON (Reuters) - Northwest Airlines, now a part of Delta Air Lines , has agreed to plead guilty to conspiring to fix the prices of air cargo, the U.S....
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Cuomo widens insurer probe with 6 more subpoenas
REUTERS - 10 hrs 42 mins ago
NEW YORK (Reuters) - New York Attorney General Andrew Cuomo has subpoenaed six more insurers as the state widens a probe into whether life insurance companies...
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Honda, Renault face waning demand after good quarter
REUTERS - 15 hrs 25 mins ago
TOKYO/BOULOGNE-BILLANCOURT (Reuters) - Honda Motor Co and Renault joined their rivals in reporting strong results for the quarter to the end of June, as the...
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China overtakes Japan as No.2 economy: FX chief
REUTERS - 15 hrs 34 mins ago
BEIJING (Reuters) - China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds...
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Honda posts record Q1 and Renault returns to H1 profit
REUTERS - 17 hrs 38 mins ago
TOKYO/BOULOGNE-BILLANCOURT, France (Reuters) - Honda Motor Co raised its full-year forecasts after posting a record quarterly net profit on Friday, while brisk...
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Dollar falls and European shares slip on U.S. fears
REUTERS - 20 hrs 33 mins ago
LONDON (Reuters) - The dollar fell to an eight-month low against the yen on Friday while European and Asian shares slipped on worries U.S. growth data due...
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Nomura and Macquarie hit by fewer deals and frail markets
REUTERS - 21 hrs 4 mins ago
TOKYO/SYDNEY (Reuters) - Japan's Nomura Holdings Inc and Australia's Macquarie painted a bleak picture of Asia's investment banking industry, citing a dearth...
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Samsung Elec sees weak profit after record Q2
REUTERS - 21 hrs 55 mins ago
SEOUL (Reuters) - Samsung Electronics , the world's No.1 memory chipmaker, warned of weaker margins and profit growth after posting record quarterly earnings,...
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Asia stocks slip on U.S. worries
REUTERS - 22 hrs 25 mins ago
HONG KONG (Reuters) - Asian stocks sagged on Friday as worries U.S. growth data may surprise on the downside and downbeat comments from a Federal Reserve...
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Growing smartphone battle seen hitting vendors' profits
REUTERS - 1 day 43 mins ago
HELSINKI (Reuters) - An increasingly heated battle in the global smartphone market is set to weigh on handset vendors' profit margins during the remainder of...
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Samsung Elec posts record Q2 on strong chip sales
REUTERS - 1 day 4 hrs 39 mins ago
SEOUL (Reuters) - Samsung Electronics Co, the world's top maker of memory chips and flat screen TVs, reported a record quarterly profit on Friday, aided by...
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Record emerging debt issuance a sign of caution
REUTERS - 1 day 9 hrs 26 mins ago
NEW YORK (Reuters) - Emerging market governments and investors have issued near-record amounts of debt this month and cash-loaded investors, afraid to bet on...
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Sony surprises with Q1 profit, raises outlook
REUTERS - 1 day 13 hrs 51 mins ago
TOKYO (Reuters) - Sony Corp lifted its annual outlook and returned to profitability in the first quarter on booming demand for its Bravia flat TVs and...
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Toyota recalling over 416,000 cars in U.S., Canada
REUTERS - 1 day 14 hrs 40 mins ago
TOKYO/DETROIT (Reuters) - Toyota Motor Corp said on Thursday it would recall nearly 417,000 high-end passenger cars and SUVs in the United States and Canada to...
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Toyota says to recall 412,000 cars in the U.S.
REUTERS - 1 day 15 hrs 25 mins ago
TOKYO (Reuters) - Japan's Toyota Motor Corp said on Thursday it would recall 412,000 high-end passenger cars in the United States to fix steering problems.
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Panasonic buying Sanyo and other unit for $9.4 billion
REUTERS - 1 day 16 hrs 30 mins ago
TOKYO (Reuters) - Japan's Panasonic Corp said it would buy out subsidiaries Sanyo Electric and Panasonic Electric Works for up to $9.4 billion in cash and...
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Sony surprises with return to profitability
REUTERS - 1 day 17 hrs 39 mins ago
TOKYO (Reuters) - Sony Corp lifted its annual outlook and returned to profitability in the first quarter on booming demand for its Bravia flat TVs and...
